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Ford's cancels plan to build cars in India, again


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Ford's plan to restart car production in India for export to Europe have been cancelled. It was due to release its Indian production plan in January but Ford told the State Govt of Tamil Nadu it is revaluating its plan to restart car production. And the latest news is that Ford will now use the plant to build engines only, but unclear on where these engines will go since Ford already has engine production facilities in US, China, and Europe and is not short on engine supplies. 

 

The obvious implication here is that Ford no longer sees a need to have production base for low cost cars for Europe. Those of you who still don't believe that Farley's ultimate plan is to stop selling mainstream passenger cars in Europe can noodle on this latest development... 

 

https://www.outlookbusiness.com/corporate/as-ford-plans-re-entry-into-india-what-went-wrong-last-time

 

https://www.financialexpress.com/auto/news/trumps-tariffs-throw-a-wrench-in-fords-india-comeback-plans/3794615/

 

https://timesofindia.indiatimes.com/business/india-business/us-automaker-ford-may-use-its-chennai-plant-to-manufacture-and-export-engines/articleshow/119145845.cms

 

https://economictimes.indiatimes.com/industry/auto/auto-news/fords-india-return-is-the-carmaker-making-a-u-turn-or-just-a-pit-stop/articleshow/117946506.cms?from=mdr

 

 

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